On September 14, 2010, the Executive Council met with all of the International Representatives and Assistant International Representatives to discuss important financial issues impacting the future of our Union. They discussed how, over the past several years, TCU has taken significant steps to save TCU millions of dollars in an effort to keep the union vibrant and strong.
TCU has been successful to date in ensuring the members maintain good living wages and benefits and strong statutory rights including railroad retirement. Nevertheless, the group was presented with the reality that the state of our industry is such that our membership is projected to continue to decline at the rate of nearly 2,000 members per year. Additional financial obligations continue to increase at a time when our revenue is decreasing.
The result is that we are projected to have a significant shortfall beginning in 2012. Based on these discussions, on September 15, 2010, the Executive Council met and made the difficult decision to adopt a resolution providing for a general assessment of $10 per member per month effective April 1, 2011.
To read the resolution click here. In a letter to the members, National President Robert A. Scardelletti explained that while the decision was difficult, it also was a crucial decision in ensuring that TCU remains an effective leader among transportation unions.
To read President Scardelletti’s letter, click here.